Ambitious growth plans
Malaysian property developer Setia Awan Group is targeting RM1.2 billion in sales for 2026 through several new projects. Meanwhile, the stalled M101 Skywheel project is being revived as KL360 by a new developer.
Why it matters
The revival of stalled projects and ambitious sales targets reflect shifting trends and recovery efforts in the Malaysian real estate market.
KUALA LUMPUR (May 31): This week's cover story features the Perak-based Setia Awan Group, which is expanding its footprint with a revival project in Selayang, Selangor, and its first industrial venture in Tanjong Malim, Perak. Executive director Ng Teck Hua said the developer is targeting RM1.2 billion in sales this year, almost double last year's amount.
The article provides a factual overview of business developments and market analysis without bias.
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